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DoubleDragon bullish on prospects for 2019

DOUBLEDRAGON Properties Corp. is bullish on the company’s prospects this year, the property firm sees strong demand for its hotels and industrial warehouse facilities.

Realme targeting to be a major smartphone player in the PHL

REALME Philippines is gearing up to be a major smartphone player in 2019 by widening its reach to meet strong demand for its products in the Philippines.

Kazuo Okada asks PSE to block Tiger Resort backdoor listing

JAPANESE gaming tycoon Kazuo Okada asked the Philippine Stock Exchange (PSE) to block the proposed listing of Tiger Resort Asia Limited (TRAL), amid his ongoing battle for control of the local unit of Universal Entertainment Corp. (UEC).

More office spaces to be built within transportation hubs

MORE property firms are building office spaces within transportation hubs, as a way to maximize space.

CLI records 86% rise in reservation sales in 2018

CEBU Landmasters, Inc. (CLI) saw its reservation sales surge 86% in 2018, as it launched new projects in the Visayas and Mindanao.

Woodlands Point offers luxurious log cabins

AN EXCLUSIVE community featuring ski resort-style log cabins can be found in Tagaytay Highlands.

App makes payment of real property tax easier

PAYMENT of real property tax (RPT) will now be a little easier, thanks to an app.

Astoria Current reopens in Boracay

ASTORIA Hotels & Resorts (AHR) said Astoria Current now has the biggest number of rooms among hotels along Station 3 in Boracay Island.

Net Group’s buildings powered by Cleanergy

ABOITIZ Power Corp. has renewed its partnership with The Net Group (TNG), supplying the latter’s buildings with clean and renewable energy under its Cleanergy brand.

PSALM bids out MTPP property in Manila

THE Power Sector Assets and Liabilities Management Corp. (PSALM) is once again bidding out the property of Manila Thermal Power Plant (MTPP) located along the Pasig River in Isla de Provisor, Paco Manila.

Alvarez-led property firm allots P3.5B to boost land bank

P.A. Alvarez Properties and Development Corporation (P.A. Properties) is planning to build 25 affordable housing communities in five years to help the government address the housing backlog in the Philippines.

Regus still bullish on PHL market

REGUS Philippines is confident of maintaining its leadership position in the flexible workspace industry, despite the entry of new players and the expansion of existing competitors.

Workspace providers urged to partner with shopping malls, hotels

FLEXIBLE workspace operators should consider expansion in shopping malls, as well as partnerships with hotel operators and worker dormitories to address the growing demand, according to Colliers International.

How flexible working space operators can distinguish themselves

FLEXIBLE WORKING spaces seem to be popping up all over the metropolis, but how can they distinguish themselves in an increasingly competitive market?

Amaia Land launches third building at Pasig project

AMAIA LAND Corp. is set to begin construction on a third building at Amaia Steps Pasig within the first quarter, after the success of the first two towers.

Property firms interested in Fort Bonifacio lot

SEVERAL PROPERTY firms showed interest in the Insurance Commission’s (IC) share in a 5,000-square meter lot in Fort Bonifacio, Taguig City.

BCDA invites bidders for Fort Bonifacio property

THE Bases Conversion and Development Authority (BCDA) is putting the Insurance Commission’s (IC) share in a 5,000-square meter (sq.m.) lot in Fort Bonifacio, Taguig City on the auction block.

Strong demand for condos, worker dorms seen this year

YOUNG professionals and employees of offshore gaming companies are expected to continue fueling the robust demand for residential condominiums and dormitories this year.

Aboitiz property unit plans to launch projects in Pampanga, Davao

ABOITIZLAND, Inc. is expanding its mid-market residential brand Ajoya in Pampanga and Davao City next year.

DTI to investigate surge in ceramic floor, wall tiles imports

THE Department of Trade and Industry (DTI) will conduct a preliminary investigation on the surge in imports of ceramic floor and wall tiles after domestic manufacturers said these excessive shipments are hurting the local market.

DoE monitoring oil firms’ compliance with excise tax implementation

THE Department of Energy (DoE) is monitoring oil firms to ensure the second round of excise taxes for petroleum slated for 2019 will only be imposed on new inventory.

Innovation needed to combat cyber attacks via gig economy

EDUCATION AND innovation are needed in staying ahead of cyber attackers in the emerging gig economy, said content delivery network (CDN) and cloud service provider Akamai Technologies, Inc.

Co-working spaces seen to grow by 10% — Colliers report

FLEXIBLE WORKING spaces in the Philippines are seen to grow by 10% annually over the next three years, as micro, small, and medium enterprises (MSMEs), multinational companies, and outsourcing firms continue to expand, Colliers International said.

Dusit-managed Beach Club opens in Davao

DUSIT INTERNATIONAL on Wednesday said it has officially opened The Beach Club at Lubi Plantation Island, Davao Gulf.

Online budget hotel marketplace expanding in PHL

UNBRANDED HOTELS can now be as competitive as big-name hotels thanks to RedDoorz, an online budget hotel marketplace.

DMCI Homes adds third tower to Prisma Residences in Pasig

DMCI Homes continues to expand in Pasig City, with plans to add a third tower to its Prisma Residences project along Pasig Boulevard.

Ayala Land unit to expand projects in North Luzon

AMAIA LAND Corp. on Thursday said it will start construction of more than 100 units in its residential developments in North Luzon.

Lazada charters flights for year-end sale purchases

LAZADA PHILIPPINES chartered two flights from Hong Kong for the fast delivery of purchases made during its 12.12 Grand Year-End Sale -- a first in the e-commerce industry.

Twin Lakes Hotel opens its doors

TWIN LAKES Hotel finally opened its doors this month, offering guests stunning views of its own vineyard, as well as Taal Lake and volcano.

Project T expanding with 2nd BGC facility

PROJECT T recently launched its second facility in Bonifacio Global City, in response to the strong demand for its serviced office and co-working space.

Stocks move in narrow range on lack of catalysts

STOCKS moved sideways on Monday amid a lack of local catalysts and ahead of the US Federal Reserve’s policy meeting.

PHL stock index closes little changed

LOCAL shares ended flat on Friday as market sentiment was dampened by Chinese retail sales and industrial output data showing continued weakness in the world’s second largest economy.

P&A whistle-blowing service targets fraud

P&A GRANT THORNTON said it has upgraded its online subscription-only platform for whistle-blowers reporting fraud, known as the ProActive Hotline.

E-mail attacks seen as top cyber threat in 2019

CYBERSECURITY PROVIDER Palo Alto Networks sees e-mail attacks as the top threat in 2019, with attackers becoming more diverse and sophisticated in their methods.

QBO Innovation Hub presents first batch of start-ups

QBO INNOVATION HUB, the first public-private initiative for start-ups, showcased its first batch of companies supported in partnership with JP Morgan’s Incubation Program that cater to underrepresented areas.

Beijing-based 51Talk recruiting more online English teachers in Philippines

ONLINE English education platform 51Talk is aiming to increase its number of Filipino teachers from 16,000 to 100,000 within the next five years, as demand for online foreign teachers in China continues to grow.

PHL stocks rebound as investors pick up bargains

LOCAL SHARES recovered on Tuesday as investors hunted for bargains following the market’s recent decline.

AboitizLand making inroads into Luzon property market

FOR a property developer originally based in Cebu, expanding into Luzon can be a challenge. AboitizLand, Inc., which launched projects in Nueva Ecija and Tarlac this year, is seeing encouraging signs the market has welcomed its Ajoya brand.

Coming soon: New projects at Tagaytay Highlands

UP to four new projects is expected to be launched in Tagaytay Highlands next year, as the mountain resort development marks its 25th anniversary.

Job portal Workbank opens office in the Philippines

JOB PORTAL Workbank, Inc. opened an office in the Philippines, as part of its efforts to expand in Southeast Asia.

Japan building materials firm Tajima opens flagship store in Mandaluyong

JAPAN’s Tajima Roofing Inc., a building materials maker, opened its first flagship store in the Philippines to highlight its tile products, its local partner Future Flooring Inc. said.

LexMeet launches ‘Uber of lawyers’ application for clients

LEXMEET HAS launched its application which matches clients with lawyers for legal consultations.

The Seasons Residences brings Japanese way of life to BGC

FILIPINOS will soon get to experience the Japanese way of life, at The Seasons Residences in Bonifacio Global City, Taguig.

Malaysia’s Common Ground expands in Philippines

MALAYSIA-BASED co-working space operator Common Ground is expanding in the Philippines, with the launch of its hub at the Arthaland Century Pacific Tower in Bonifacio Global City.

Flexible workspace trend seen to continue in next three years

A SHIFT towards flexible workspaces by multinational companies (MNCs) is one of the trends that defined the Philippine property market in 2018, according to real estate services provider Santos Knight Frank, Inc.